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Utility companies across the U.S. will shut down and retire aging coal-fired power plants following the Environmental Protection Agency's (EPA) announcement of the Cross-State Air Pollution Rule (CSAP). This rule is intended to reduce emissions of sulfur dioxide and nitrogen oxide at coal-fired power plants and makes it incredibly costly for utility companies to modernize aging facilities to meet the stringent emissions standards.

Seminole Electric Cooperative, based in Tampa, FL, announced plans to solicit proposals for a CO2 capture demonstration project at its proposed Seminole Generating Station (SGS) Unit 3 facility. The power plant will be the first in the state to have a carbon capture device attached to it, and it's planned to generate 750 MW of power and will be built along two other plants SGS has that generate 650 MW each.

General Electric and British petroleum are teaming up to build new hydrogen-fueled power generating plants. The plan is to use a gasification technology developed by GE to produce a hydrogen rich syngas from fossil fuel feedstocks. The separation process would also produce carbon dioxide which would be captured and sequestered in underground geological formations. This reverses the process that happens with most carbon sequestration projects which capture the carbon from the exhaust stream.